The report ​revealed growing diversity in the household composition and ethnicity of Texas homeowners as well as rising housing affordability challenges across the state.

For 1 in 11 Texas homebuyers, saving for a down payment is the most difficult part of the homebuying process.

In Texas, the median percentage of down payment was 10 percent.

Forty-three percent of Texas homebuyers spent six to 12 months saving for a down payment, while 21 percent spent two to five years doing so.

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​Nationally, 40 percent of homebuyers spent less than six months saving for a down payment, but 27 percent of homebuyers had to save for two to five years.

In addition to savings, common sources for a down payment among Texas homebuyers included gifts from relatives or friends and retirement funds.

​​The ratio of single Texas homebuyers continued to rise from the 2016 edition, with single female homebuyers increasing 5 percentage points to 19 percent and single male buyers rising 2 percentage points to 9 percent of all Texas homebuyers.

The report also showed a broader ethnic diversity among Texas homebuyers.

Among all Texas homebuyers, 14 percent identified as Hispanic, 6 percent identified as African-American and 4 percent identified as Asian.

Minorities among first-time homebuyers were most likely to be Hispanic (27 percent), while minorities among repeat buyers were most likely to African-American (27 percent).

Indicating that Texans are buying later and moving earlier in life, the median age of first-time buyers increased three years to 35 years old, while the median age of Texas home sellers decreased eight years to 46 years old.